1801 Plaza St, Las Vegas, NM, 87701
About This Home
BEST RESIDENTIAL/COMMERCIAL LOCATION IN LAS VEGAS, NM Zoned R2 + C2 on the Historic Plaza. Exceptional commercial and residential opportunity with 57 ft of glass retail display frontage, 3,000 sq. ft of retail space, and 5,000+ sq.ft. of finished residential with tree covered views of the Historic Plaza Park! Winning the 1996 Historic Preservation Award this prestigious and prominent adobe architectural achievement was built to its preeminent glory in 1870. Built as the 1st catholic church in Las Vegas, New Mexico in 1836 and crowned “The Most Civilized Object in the West.” In 1870 the Dold brothers, German merchants, built the two story adobe around the nave of the church establishing A.Dold & Company/Charles Emil Wesche General Merchandise Store. This 15,000 square feet building is comprised of 3 foot thick adobe walls and two stories (3 levels) standing proud as one of the few two story adobes in the state of New Mexico. Completely restored to its original distinction all while meeting current building codes to include installing custom built french doors and windows; hand crafted balconies, hand made balustrades, new PVC, new wiring, new roof and stucco, new fixtures, new demising walls to shape what is currently a 2,500 +/- square foot residence with gorgeous European style kitchen, living, den with two bedrooms and two baths in the main residence. 3,000 additional sq.ft. of beautifully finished interior living/ office spaces on the 2nd floor for office rental; multifamily use; or develop into wine bar/restaurant/gallery/retail. 3,000 sq.ft. of dedicated store front retail on ground level and 3,600 sq.ft. of developable space inside the pillars on the 3rd floor envisioned to be a spectacular penthouse suite overlooking the park. All original hardwood oak flooring in the retail area, all original fur and maple flooring in the residential areas. Truly one of the most outstanding representations of our New Mexico heritage to ever be offered to the market.
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1870
Materials
- Roof: Built-Up,Pitched,Shingle
- Construction materials: Adobe,Frame
Type & Style
- Home type: MultiFamily
- Architectural style: Multi-Level
- Property subType: Multi Family
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Gas Cooktop,Disposal,Oven,Range,Refrigerator,Water Heater,Washer,ENERGY STAR Qualified Appliances
Bedrooms & Bathrooms
- Bedrooms: 2
- Bathrooms: 2
Features
- Interior Steps
Heating & Cooling
- Heating features: Forced Air,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 15,000
- Total interior livable area: 15,000 sqft
Property
Details
- Parcel number: 34860
- Zoning: BCD,C-2,Historic,R-1, 2,
- Zoning description: C2 + R2
- Special condition: Standard
Features
- Levels: Multi/Split
Lot
- Lot size: 6,969 sqft
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Winter Weather
- Lightning
- Wildfire
- Cold Wave
- Hail
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in San Miguel County and New Mexico
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,447 | $77,364 |
| Home Insurance * | $1,080 | $12,960 |
| Property Taxes | $499 | $5,988 |
| Electricity | $1,066 | $12,797 |
| Total | $9,092 | $109,104 |
Income You'd Need if You Spent...
New Mexico FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-15 | Listed for sale | $1,275,000 |
| 2026-02-12 | Listing removed | $1,385,000 |
| 2025-05-21 | Price change | $1,385,000 |
| 2025-02-03 | Price change | $1,495,000 |
| 2024-09-16 | Listed for sale | $1,600,000 |
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